I have a stockpile of VHS tapes sitting on my bookshelf in my room and they took way too much space on the shelves! Most of them date back as early as 1999 - well mainly TV programs that I recorded during the time period. Anyway, I want to know if there is a device that allows me to convert all my VHS tapes and be made suitable for burning on a VCD, SVCD or DVD.

I have a computer with these specifications:

- Intel D850GB Mainboard
- Intel Pentium 4 at 1.4Ghz
- 256 MB RDRAM
- 120GB Western Digital 8mb cache 7200rpm hard drive (Windoze XP Pro SP2 occupies the drive)
- 30GB Quantum Maxtor 2mb cache, 7200rpm hard drive (used to dual-boot with Mandriva, but planning to uninstall the OS)
- Nvidia RIVA TNT2 32MB AGP video card
- ATI TV Wonder VE PCI TV tuner
- Intergrated Intel sound
- USB ports at front, back and via a hub

I want to know that if you people in this situation, what device do you normally use to convert all of your old VHS tapes (whether it's from converting your favourite episodes of Seinfeld to a concert on TV) and how much does it cost you to buy. Also, I want to know if it's possible to break individual scenes on a single episode so I can burn it on a DVD. Putting chapters on each episode recorded and burning it to a DVD is quite a tedious job, it often requires me to do it all day!!!

Any suggestions will be greatly appreciated. Thank you.